Productive, Unproductive and Destructive Entrepreneurship:A Theoretical and Empirical Exploration

Drawing on Baumol’s concepts of productive, unproductive and destructiveentrepreneurship and relevant amendments, this thesis aims to contribute to theentrepreneurship literature by developing a conceptual framework which allowsoperationalising the concepts for empirical assessment. Furthermore, using data fromlongitudinal survey, author makes one of the first attempts to address the conceptsempirically. The results provide with support for the conceptual frameworkhighlighting the importance to shift the focus from firms’ activities to output on both,venture and societal levels, short and long term, when concepts are addressedempirically. Overall findings suggest that productive entrepreneurs are those who areless involved in behaviour such as tax avoidance or illegal business and show a higherlevel of entrepreneurial orientation....